Logistics

The boom in China’s food and parcel delivery sector has triggered a surge in road accidents.

Season Two Ventures is in the market to raise USD 50 million B2B-only fund.

Over 3 million employees work for 20,000 express delivery companies in China.

Shadowfax works with a network of mom-and-pop stores to reduce its delivery cost by 20%.

Investments in logistics startups this year have more than doubled to USD 1.04 billion across 29 deals.

Flipkart will have an edge over Amazon, Bigbasket, and Grofers with additional access to Shadowfax’s technology and delivery fleet.

64-year-old Nanik Soelistiawati created her delicious snacks from leftover bananas.

China’s Shein, AliExpress, and Club Factory have been caught evading customs duties.